Apr 26, 2007. /Lesprom Network/. Finch, Pruyn & Co, Inc., announced on April 24 that the company’s shareholders have voted to accept an offer from Finch Paper Holdings LLC (formerly Atlas Paper Resources LLC) to purchase all of the company’s assets, including its pulp and paper manufacturing facilities in Glens Falls and its Adirondack forestland. Finch Paper Holdings LLC was formed by an investor group led by Atlas Holdings LLC and Blue Wolf Capital Management LLC. Terms of the sale were not disclosed. The sale is expected to be finalized in June 2007. Richard J. Carota, chairman, president and CEO of Finch, Pruyn since 1984 and a 51-year company employee, will serve as chairman, president and CEO of the new company, which will be renamed Finch Paper Holdings LLC. “We are pleased with the results of the shareholder vote and we look forward to moving ahead with the investor group, which brings key expertise in paper mill ownership as well as a deep understanding of our business through experience investing constructively in companies with substantial relationships with government and labor,” Mr. Carota said. Atlas Holdings LLC operates businesses in a number of industrial sectors, including the paper, packaging, wood products and steel industries. Atlas operates four paper mills and nine packaging plants throughout North America. Overall, Atlas operates facilities in more than 30 locations throughout North America and Europe. Blue Wolf Capital Management LLC is a private equity firm that invests in companies in which effective management of relationships with complex constituencies, such as government and labor, can change organizations and create value. Finch, Pruyn & Co., Inc. was founded in 1865 as a sawmill, lumberyard and quarry operation on the Upper Hudson River in upstate Glens Falls, New York, and began papermaking operations in 1904. Today, the company is a leader in the premium uncoated printing paper market, manufacturing more than 250 000 tonnes per year for advertising materials, book publishing and business office uses from its single Glens Falls mill. The company employs approximately 850 people and is the second-largest private landowner in New York State.